The 10th Amendment

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Thomas Jefferson’s Warnings and Predictions about the Dangers of Money-Printing

Thomas Jefferson’s Warnings and Predictions about the Dangers of Money-Printing

by Mike Maharrey | Apr 18, 2024 | Federal Reserve, History, Thomas Jefferson

Thomas Jefferson’s chilling warnings about unchecked fiat, paper money proved prophetic as the U.S. plunged into its first boom-bust economic crisis in the early 19th century.  In an 1814 letter to Thomas Cooper, Jefferson wrote, “Every thing predicted by the...
How the Federal Reserve Backstops the Biggest Government in History

How the Federal Reserve Backstops the Biggest Government in History

by Mike Maharrey | Feb 21, 2024 | Federal Power, Federal Reserve

The Federal Reserve is the engine that drives the biggest government in history. Without the central bank’s machinations, the U.S. government wouldn’t be able to borrow and spend to the extent that it does. Congress wouldn’t be able to sustain...
Trump Is No Enemy of the Fed

Trump Is No Enemy of the Fed

by Mike Maharrey | May 9, 2019 | Current Events, Economy, Federal Reserve

A lot of people labor under a misconception that President Donald Trump opposes the Federal Reserve. While the president has leveled a great deal of criticism at the central bank in recent months, he has never opposed the Fed in principle. He’s merely expressed...
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